Kearny Financial (KRNY) EVP Thomas DeMedici Receives RSU Award

What Happened Thomas DeMedici, EVP and Chief Credit Officer of Kearny Financial Corp. (KRNY), was granted 7,680 restricted stock units (RSUs) on August 7, 2026 (award, $0.00 per share). On the same date he also disposed of 2,565 shares at $9.52 per share to satisfy tax withholding, a disposition valued at $24,419. The grant is a compensation award (not an open‑market purchase); the share disposition was to cover taxes.

Key Details

• Transaction date: August 7, 2026.
• Award: 7,680 RSUs granted (code A) at $0.00.
• Tax withholding: 2,565 shares disposed (code F) at $9.52 each = $24,419.
• Shares owned after the transactions: not disclosed in the provided filing details.
• Footnotes: F1 indicates these RSUs vest 33% per year beginning August 7, 2027; F2–F4 reference other RSU tranches vesting 33% per year beginning Aug 7 of 2026, 2025, and 2024 respectively; F5 notes certain transactions not required to be reported.
• Filing: Form 4 filed August 11, 2026 (timely within required reporting window).

Context

• RSU grants are a form of compensation that vest over time (here, generally 33% per year), so the awarded units are not immediately tradable until they vest.
• The 2,565 shares surrendered were used to satisfy tax withholding — a common, routine step when equity awards are granted — and do not represent an open‑market sale expressing a view on the stock.